American Innovation and Jobs Act
American Innovation and R&D Competitiveness Act of 2023
To amend and reauthorize the Workforce Innovation and Opportunity Act and the Older Americans Act of 1965.
PAID Act of 2024 Protecting American Innovation and Development Act of 2024
Tax Relief for American Families and Workers Act of 2024
American Medical Innovation and Investment Act of 2024
Protecting Americans’ Data from Foreign Adversaries Act of 2024
Medical Innovation Act of 2024
American Innovation Act of 2023 This bill revises the tax treatment of business start-up or organizational expenditures. Specifically, it allows an election to deduct such expenditures in an amount equal to the lesser of the aggregate amount of such expenditures incurred by an active trade of business, or $20,000, reduced by the amount by which such aggregate amount exceeds $120,000. The remaining amount of such expenditures shall be amortized over the 180 month period after the trade or business begins. The bill also revises the tax treatment of partnership syndication fees and start-up net operating losses and tax credits after an ownership change.